Poverty Reduction Support Credits : Mozambique Country Study
Mozambique acquired independence from Portugal in 1975. The new government adopted a policy of radical social change, with a command and control approach to economic management and a vast nationalization program. By the mid-1980s, the country was b...
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Format: | Working Paper |
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Washington, DC: World Bank
2017
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Online Access: | http://documents.worldbank.org/curated/en/839251468057316561/Poverty-reduction-support-credits-Mozambique-country-study http://hdl.handle.net/10986/27916 |
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Digital Repository |
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Foreign Institution |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
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ACCESS TO SAFE WATER ACCOUNTABILITY ACCOUNTABILITY FRAMEWORK ACCOUNTING STANDARDS ADJUSTMENT LENDING ALLOCATION ALLOCATION OF RESOURCES ANNUAL BUDGET ANNUAL COMMITMENT ANNUAL PERFORMANCE ANNUAL REPORT ANNUAL REVIEWS ANNUAL TRANCHE ASSESSMENT OF PERFORMANCE AUDITING BALANCE OF PAYMENTS BANK PRIVATIZATION BANKING SECTOR BUDGET CLASSIFICATION BUDGET CLASSIFICATION SYSTEM BUDGET CYCLE BUDGET DATA BUDGET EXECUTION BUDGET FORMULATION BUDGET LAW BUDGET PLANNING BUDGET PREPARATION BUDGET PREPARATION CYCLE BUDGET PROPOSALS BUDGET REQUIREMENTS BUDGET SUPPORT OPERATIONS BUDGET YEAR BUDGETARY PROCESS CAPACITY BUILDING CASH MANAGEMENT CIVIL SERVANTS CIVIL SERVICE CIVIL SERVICE REFORM COMMERCIAL BANKS CONDITIONALITIES CONDITIONALITY CONSOLIDATION CONSTRAINTS TO GROWTH COST EFFECTIVENESS COUNTRY PROCUREMENT COUNTRY PROCUREMENT ASSESSMENT DEBT DEBT RELIEF DECENTRALIZATION DECENTRALIZATION STRATEGY DEFICITS DIAGNOSTIC WORK DOMESTIC INVESTMENT DOMESTIC SAVINGS DONOR COLLABORATION DONOR COORDINATION DONOR FINANCING ECONOMIC DOWNTURN ECONOMIC GROWTH ECONOMIC RECOVERY EMPLOYMENT EXCHANGE RATE EXPENDITURE EXPENDITURE GROWTH EXPENDITURE ISSUES EXPENDITURE LEVELS EXPENDITURE MANAGEMENT EXPENDITURE PROGRAMS EXPENDITURES EXTERNAL ASSISTANCE EXTERNAL AUDIT EXTERNAL AUDITS EXTERNAL GRANTS FINANCIAL ACCOUNTABILITY FINANCIAL ACTIVITIES FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT INFORMATION FINANCIAL MANAGEMENT INFORMATION SYSTEM FINANCIAL PLANNING FINANCIAL SECTOR FINANCIAL SECTORS FINANCIAL SUPPORT FINANCIAL TERMS FISCAL ADJUSTMENT FISCAL DEFICIT FISCAL FRAMEWORK FISCAL POLICY FISCAL SUSTAINABILITY GENERAL BUDGET SUPPORT GOVERNMENT BUDGET GOVERNMENT REFORM GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH RATE HEALTH OUTCOMES HEALTH SECTOR HUMAN RESOURCE MANAGEMENT IMPROVING BUDGET EXECUTION INFLATION INSTITUTIONAL DEVELOPMENT INTERNAL AUDITS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL AUDITING STANDARDS INVENTORY INVESTMENT SPENDING LEGISLATION MACROECONOMIC FRAMEWORK MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MARKET ECONOMY MEDIUM-TERM EXPENDITURE MEDIUM-TERM EXPENDITURE FRAMEWORK MID-TERM REVIEW MINISTRIES OF FINANCE MINISTRY OF FINANCE MONITOR PERFORMANCE NATIONAL BUDGET NATIONAL DEVELOPMENT NATIONAL DEVELOPMENT PLAN NATURAL RESOURCES OUTCOME INDICATORS PERFORMANCE ASSESSMENT PERFORMANCE CRITERIA PERFORMANCE INDICATORS PERFORMANCE REVIEW POLICY FORMULATION POVERTY IMPACT POVERTY REDUCING POVERTY REDUCTION POVERTY REDUCTION STRATEGIES POVERTY REDUCTION STRATEGY POVERTY REDUCTION SUPPORT POVERTY REDUCTION TARGETS PRIVATE INVESTMENT PRIVATE SECTOR PRODUCTIVITY PROGRAM BUDGETING PROGRAM BUDGETS PROGRAM PERFORMANCE PROGRAMS PUBLIC ADMINISTRATION PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURE TRACKING PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCIAL MANAGEMENT PUBLIC FINANCIAL MANAGEMENT SYSTEM PUBLIC FUNDS PUBLIC GOODS PUBLIC HEALTH PUBLIC HEALTH CARE PUBLIC INVESTMENT PUBLIC PRIVATE PARTNERSHIPS PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR ACCOUNTABILITY PUBLIC SECTOR ACCOUNTING PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR REFORM PUBLIC SERVICE REFORM EFFORTS REFORM PROGRAM REFORM PROJECT REFORM STRATEGY RESOURCE AVAILABILITY RESOURCE FLOWS RESOURCE MANAGEMENT REVENUE MOBILIZATION ROAD NETWORK SANITATION SECTOR MINISTRIES SECTOR POLICY SERVICE DELIVERY SERVICE PROVISION SERVICE QUALITY SOCIAL INDICATORS STRATEGIC PRIORITIES STRUCTURAL ADJUSTMENT STRUCTURAL REFORM STRUCTURAL REFORMS TAX DISTORTIONS TAX REFORM TAX SYSTEM TECHNICAL ASSISTANCE TOTAL EXPENDITURES TRANSACTION COSTS TRANSPARENCY TRANSPORT TRUST FUNDS |
spellingShingle |
ACCESS TO SAFE WATER ACCOUNTABILITY ACCOUNTABILITY FRAMEWORK ACCOUNTING STANDARDS ADJUSTMENT LENDING ALLOCATION ALLOCATION OF RESOURCES ANNUAL BUDGET ANNUAL COMMITMENT ANNUAL PERFORMANCE ANNUAL REPORT ANNUAL REVIEWS ANNUAL TRANCHE ASSESSMENT OF PERFORMANCE AUDITING BALANCE OF PAYMENTS BANK PRIVATIZATION BANKING SECTOR BUDGET CLASSIFICATION BUDGET CLASSIFICATION SYSTEM BUDGET CYCLE BUDGET DATA BUDGET EXECUTION BUDGET FORMULATION BUDGET LAW BUDGET PLANNING BUDGET PREPARATION BUDGET PREPARATION CYCLE BUDGET PROPOSALS BUDGET REQUIREMENTS BUDGET SUPPORT OPERATIONS BUDGET YEAR BUDGETARY PROCESS CAPACITY BUILDING CASH MANAGEMENT CIVIL SERVANTS CIVIL SERVICE CIVIL SERVICE REFORM COMMERCIAL BANKS CONDITIONALITIES CONDITIONALITY CONSOLIDATION CONSTRAINTS TO GROWTH COST EFFECTIVENESS COUNTRY PROCUREMENT COUNTRY PROCUREMENT ASSESSMENT DEBT DEBT RELIEF DECENTRALIZATION DECENTRALIZATION STRATEGY DEFICITS DIAGNOSTIC WORK DOMESTIC INVESTMENT DOMESTIC SAVINGS DONOR COLLABORATION DONOR COORDINATION DONOR FINANCING ECONOMIC DOWNTURN ECONOMIC GROWTH ECONOMIC RECOVERY EMPLOYMENT EXCHANGE RATE EXPENDITURE EXPENDITURE GROWTH EXPENDITURE ISSUES EXPENDITURE LEVELS EXPENDITURE MANAGEMENT EXPENDITURE PROGRAMS EXPENDITURES EXTERNAL ASSISTANCE EXTERNAL AUDIT EXTERNAL AUDITS EXTERNAL GRANTS FINANCIAL ACCOUNTABILITY FINANCIAL ACTIVITIES FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT INFORMATION FINANCIAL MANAGEMENT INFORMATION SYSTEM FINANCIAL PLANNING FINANCIAL SECTOR FINANCIAL SECTORS FINANCIAL SUPPORT FINANCIAL TERMS FISCAL ADJUSTMENT FISCAL DEFICIT FISCAL FRAMEWORK FISCAL POLICY FISCAL SUSTAINABILITY GENERAL BUDGET SUPPORT GOVERNMENT BUDGET GOVERNMENT REFORM GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH RATE HEALTH OUTCOMES HEALTH SECTOR HUMAN RESOURCE MANAGEMENT IMPROVING BUDGET EXECUTION INFLATION INSTITUTIONAL DEVELOPMENT INTERNAL AUDITS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL AUDITING STANDARDS INVENTORY INVESTMENT SPENDING LEGISLATION MACROECONOMIC FRAMEWORK MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MARKET ECONOMY MEDIUM-TERM EXPENDITURE MEDIUM-TERM EXPENDITURE FRAMEWORK MID-TERM REVIEW MINISTRIES OF FINANCE MINISTRY OF FINANCE MONITOR PERFORMANCE NATIONAL BUDGET NATIONAL DEVELOPMENT NATIONAL DEVELOPMENT PLAN NATURAL RESOURCES OUTCOME INDICATORS PERFORMANCE ASSESSMENT PERFORMANCE CRITERIA PERFORMANCE INDICATORS PERFORMANCE REVIEW POLICY FORMULATION POVERTY IMPACT POVERTY REDUCING POVERTY REDUCTION POVERTY REDUCTION STRATEGIES POVERTY REDUCTION STRATEGY POVERTY REDUCTION SUPPORT POVERTY REDUCTION TARGETS PRIVATE INVESTMENT PRIVATE SECTOR PRODUCTIVITY PROGRAM BUDGETING PROGRAM BUDGETS PROGRAM PERFORMANCE PROGRAMS PUBLIC ADMINISTRATION PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURE TRACKING PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCIAL MANAGEMENT PUBLIC FINANCIAL MANAGEMENT SYSTEM PUBLIC FUNDS PUBLIC GOODS PUBLIC HEALTH PUBLIC HEALTH CARE PUBLIC INVESTMENT PUBLIC PRIVATE PARTNERSHIPS PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR ACCOUNTABILITY PUBLIC SECTOR ACCOUNTING PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR REFORM PUBLIC SERVICE REFORM EFFORTS REFORM PROGRAM REFORM PROJECT REFORM STRATEGY RESOURCE AVAILABILITY RESOURCE FLOWS RESOURCE MANAGEMENT REVENUE MOBILIZATION ROAD NETWORK SANITATION SECTOR MINISTRIES SECTOR POLICY SERVICE DELIVERY SERVICE PROVISION SERVICE QUALITY SOCIAL INDICATORS STRATEGIC PRIORITIES STRUCTURAL ADJUSTMENT STRUCTURAL REFORM STRUCTURAL REFORMS TAX DISTORTIONS TAX REFORM TAX SYSTEM TECHNICAL ASSISTANCE TOTAL EXPENDITURES TRANSACTION COSTS TRANSPARENCY TRANSPORT TRUST FUNDS Horton, Brendan Poverty Reduction Support Credits : Mozambique Country Study |
geographic_facet |
Africa Mozambique |
relation |
IEG Working Paper;2010/7 |
description |
Mozambique acquired independence from
Portugal in 1975. The new government adopted a policy of
radical social change, with a command and control approach
to economic management and a vast nationalization program.
By the mid-1980s, the country was bankrupt, and the
government turned to the International Monetary Fund (IMF)
and the World Bank to help transform it into a market
economy. Since the early 1990s, Mozambique's Gross
Domestic Product (GDP) growth rate has been above 7 percent
in all but two years and has averaged 7.8 percent. Over the
same period, inflation has trended broadly downwards from 63
percent in 1994 to 8 percent in 2007. On the savings and
investment front, gross investment has averaged 26.4
percent, while domestic savings has been 8.2 percent, the
difference being made up for with foreign savings. Fiscal
policy has generally been well managed, with deficits
financed by external assistance. The government managed to
protect the 65 percent of primary expenditures going to
priority sectors. Public investment declined as a percentage
of GDP, as did private investment. Revenue collection
improved. Exports grew from 10.2 percent of GDP in 1991 to
38 percent in 2006. Over this period, a flexible exchange
rate policy has been followed. The national poverty rate was
69.4 percent in 1996-1997 and 54.1 percent in 2003.
Mozambique obtained considerable fast disbursing assistance
from the World Bank in the period 1984-2002. |
format |
Working Paper |
author |
Horton, Brendan |
author_facet |
Horton, Brendan |
author_sort |
Horton, Brendan |
title |
Poverty Reduction Support Credits : Mozambique Country Study |
title_short |
Poverty Reduction Support Credits : Mozambique Country Study |
title_full |
Poverty Reduction Support Credits : Mozambique Country Study |
title_fullStr |
Poverty Reduction Support Credits : Mozambique Country Study |
title_full_unstemmed |
Poverty Reduction Support Credits : Mozambique Country Study |
title_sort |
poverty reduction support credits : mozambique country study |
publisher |
Washington, DC: World Bank |
publishDate |
2017 |
url |
http://documents.worldbank.org/curated/en/839251468057316561/Poverty-reduction-support-credits-Mozambique-country-study http://hdl.handle.net/10986/27916 |
_version_ |
1764465122966765568 |
spelling |
okr-10986-279162021-04-23T14:04:44Z Poverty Reduction Support Credits : Mozambique Country Study Horton, Brendan ACCESS TO SAFE WATER ACCOUNTABILITY ACCOUNTABILITY FRAMEWORK ACCOUNTING STANDARDS ADJUSTMENT LENDING ALLOCATION ALLOCATION OF RESOURCES ANNUAL BUDGET ANNUAL COMMITMENT ANNUAL PERFORMANCE ANNUAL REPORT ANNUAL REVIEWS ANNUAL TRANCHE ASSESSMENT OF PERFORMANCE AUDITING BALANCE OF PAYMENTS BANK PRIVATIZATION BANKING SECTOR BUDGET CLASSIFICATION BUDGET CLASSIFICATION SYSTEM BUDGET CYCLE BUDGET DATA BUDGET EXECUTION BUDGET FORMULATION BUDGET LAW BUDGET PLANNING BUDGET PREPARATION BUDGET PREPARATION CYCLE BUDGET PROPOSALS BUDGET REQUIREMENTS BUDGET SUPPORT OPERATIONS BUDGET YEAR BUDGETARY PROCESS CAPACITY BUILDING CASH MANAGEMENT CIVIL SERVANTS CIVIL SERVICE CIVIL SERVICE REFORM COMMERCIAL BANKS CONDITIONALITIES CONDITIONALITY CONSOLIDATION CONSTRAINTS TO GROWTH COST EFFECTIVENESS COUNTRY PROCUREMENT COUNTRY PROCUREMENT ASSESSMENT DEBT DEBT RELIEF DECENTRALIZATION DECENTRALIZATION STRATEGY DEFICITS DIAGNOSTIC WORK DOMESTIC INVESTMENT DOMESTIC SAVINGS DONOR COLLABORATION DONOR COORDINATION DONOR FINANCING ECONOMIC DOWNTURN ECONOMIC GROWTH ECONOMIC RECOVERY EMPLOYMENT EXCHANGE RATE EXPENDITURE EXPENDITURE GROWTH EXPENDITURE ISSUES EXPENDITURE LEVELS EXPENDITURE MANAGEMENT EXPENDITURE PROGRAMS EXPENDITURES EXTERNAL ASSISTANCE EXTERNAL AUDIT EXTERNAL AUDITS EXTERNAL GRANTS FINANCIAL ACCOUNTABILITY FINANCIAL ACTIVITIES FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT INFORMATION FINANCIAL MANAGEMENT INFORMATION SYSTEM FINANCIAL PLANNING FINANCIAL SECTOR FINANCIAL SECTORS FINANCIAL SUPPORT FINANCIAL TERMS FISCAL ADJUSTMENT FISCAL DEFICIT FISCAL FRAMEWORK FISCAL POLICY FISCAL SUSTAINABILITY GENERAL BUDGET SUPPORT GOVERNMENT BUDGET GOVERNMENT REFORM GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH RATE HEALTH OUTCOMES HEALTH SECTOR HUMAN RESOURCE MANAGEMENT IMPROVING BUDGET EXECUTION INFLATION INSTITUTIONAL DEVELOPMENT INTERNAL AUDITS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL AUDITING STANDARDS INVENTORY INVESTMENT SPENDING LEGISLATION MACROECONOMIC FRAMEWORK MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MARKET ECONOMY MEDIUM-TERM EXPENDITURE MEDIUM-TERM EXPENDITURE FRAMEWORK MID-TERM REVIEW MINISTRIES OF FINANCE MINISTRY OF FINANCE MONITOR PERFORMANCE NATIONAL BUDGET NATIONAL DEVELOPMENT NATIONAL DEVELOPMENT PLAN NATURAL RESOURCES OUTCOME INDICATORS PERFORMANCE ASSESSMENT PERFORMANCE CRITERIA PERFORMANCE INDICATORS PERFORMANCE REVIEW POLICY FORMULATION POVERTY IMPACT POVERTY REDUCING POVERTY REDUCTION POVERTY REDUCTION STRATEGIES POVERTY REDUCTION STRATEGY POVERTY REDUCTION SUPPORT POVERTY REDUCTION TARGETS PRIVATE INVESTMENT PRIVATE SECTOR PRODUCTIVITY PROGRAM BUDGETING PROGRAM BUDGETS PROGRAM PERFORMANCE PROGRAMS PUBLIC ADMINISTRATION PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURE TRACKING PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCIAL MANAGEMENT PUBLIC FINANCIAL MANAGEMENT SYSTEM PUBLIC FUNDS PUBLIC GOODS PUBLIC HEALTH PUBLIC HEALTH CARE PUBLIC INVESTMENT PUBLIC PRIVATE PARTNERSHIPS PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR ACCOUNTABILITY PUBLIC SECTOR ACCOUNTING PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR REFORM PUBLIC SERVICE REFORM EFFORTS REFORM PROGRAM REFORM PROJECT REFORM STRATEGY RESOURCE AVAILABILITY RESOURCE FLOWS RESOURCE MANAGEMENT REVENUE MOBILIZATION ROAD NETWORK SANITATION SECTOR MINISTRIES SECTOR POLICY SERVICE DELIVERY SERVICE PROVISION SERVICE QUALITY SOCIAL INDICATORS STRATEGIC PRIORITIES STRUCTURAL ADJUSTMENT STRUCTURAL REFORM STRUCTURAL REFORMS TAX DISTORTIONS TAX REFORM TAX SYSTEM TECHNICAL ASSISTANCE TOTAL EXPENDITURES TRANSACTION COSTS TRANSPARENCY TRANSPORT TRUST FUNDS Mozambique acquired independence from Portugal in 1975. The new government adopted a policy of radical social change, with a command and control approach to economic management and a vast nationalization program. By the mid-1980s, the country was bankrupt, and the government turned to the International Monetary Fund (IMF) and the World Bank to help transform it into a market economy. Since the early 1990s, Mozambique's Gross Domestic Product (GDP) growth rate has been above 7 percent in all but two years and has averaged 7.8 percent. Over the same period, inflation has trended broadly downwards from 63 percent in 1994 to 8 percent in 2007. On the savings and investment front, gross investment has averaged 26.4 percent, while domestic savings has been 8.2 percent, the difference being made up for with foreign savings. Fiscal policy has generally been well managed, with deficits financed by external assistance. The government managed to protect the 65 percent of primary expenditures going to priority sectors. Public investment declined as a percentage of GDP, as did private investment. Revenue collection improved. Exports grew from 10.2 percent of GDP in 1991 to 38 percent in 2006. Over this period, a flexible exchange rate policy has been followed. The national poverty rate was 69.4 percent in 1996-1997 and 54.1 percent in 2003. Mozambique obtained considerable fast disbursing assistance from the World Bank in the period 1984-2002. 2017-08-17T18:37:00Z 2017-08-17T18:37:00Z 2010-09 Working Paper http://documents.worldbank.org/curated/en/839251468057316561/Poverty-reduction-support-credits-Mozambique-country-study 978-1-60244-150-7 http://hdl.handle.net/10986/27916 English en_US IEG Working Paper;2010/7 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Working Paper Publications & Research Africa Mozambique |